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General Mills Days Payable

: 104.45 (As of Feb. 2021)
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General Mills's average Accounts Payable for the three months ended in Feb. 2021 was $3,395 Mil. General Mills's Cost of Goods Sold for the three months ended in Feb. 2021 was $2,966 Mil. Hence, General Mills's Days Payable for the three months ended in Feb. 2021 was 104.45.

NYSE:GIS' s Days Payable Range Over the Past 10 Years
Min: 36.87   Med: 57.46   Max: 98.33
Current: 98.33

36.87
98.33

During the past 13 years, General Mills's highest Days Payable was 98.33. The lowest was 36.87. And the median was 57.46.

NYSE:GIS's Days Payable is ranked higher than
80% of the 1667 Companies
in the Consumer Packaged Goods industry.

( Industry Median: 49.02 vs. NYSE:GIS: 98.33 )

General Mills's Days Payable increased from Feb. 2020 (98.48) to Feb. 2021 (104.45). It may suggest that General Mills delayed paying its suppliers.


General Mills Days Payable Historical Data

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

General Mills Annual Data
Trend May11 May12 May13 May14 May15 May16 May17 May18 May19 May20
Days Payable
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 63.43 75.64 86.18 92.01 96.86

General Mills Quarterly Data
May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21
Days Payable Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 98.48 86.62 105.81 100.17 104.45

Competitive Comparison
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap.
   

General Mills Days Payable Distribution

* The bar in red indicates where General Mills's Days Payable falls into.



General Mills Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

General Mills's Days Payable for the fiscal year that ended in May. 2020 is calculated as

Days Payable (A: May. 2020 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: May. 2019 ) + Accounts Payable (A: May. 2020 )) / count ) / Cost of Goods Sold (A: May. 2020 )*Days in Period
=( (2854.1 + 3247.7) / 2 ) / 11496.7*365
=3050.9 / 11496.7*365
=96.86

General Mills's Days Payable for the quarter that ended in Feb. 2021 is calculated as:

Days Payable (Q: Feb. 2021 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Nov. 2020 ) + Accounts Payable (Q: Feb. 2021 )) / count ) / Cost of Goods Sold (Q: Feb. 2021 )*Days in Period
=( (3398.6 + 3391.6) / 2 ) / 2966.1*365 / 4
=3395.1 / 2966.1*365 / 4
=104.45

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


General Mills Days Payable Related Terms


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